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Milligan

Learn about the people, housing, costs and businesses in Milligan, Nebraska

Median Home$115,100
Median Rent$703/month
Population245
Leading IndustriesHealthcare · Retail · Education12% healthcare
Home Value Growth+8.3% over 2 years
Young Adults29% of residentsslightly above average
Homeowners83% of occupied units
NotableAffordable Market$115k median home · lower cost than 87% of the country
Milligan
NE

Frequently Asked Questions

What are today's mortgage rates in Milligan?

As of today, the 30-year fixed mortgage rate for Milligan is approximately 7.033% (7.074% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Milligan?

The median home value in Milligan is $115k. The median monthly rent is $703. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Milligan?

Home values in Milligan have increased 8.3% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Milligan?

Based on a typical all-in ownership cost of $616/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Milligan is $73k/year.

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What industries drive the economy in Milligan?

The largest employment sectors in Milligan are public administration (18%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.